Huron Consulting Group (NASDAQ:HURN) Price Target Raised to $207.00

Huron Consulting Group (NASDAQ:HURN) had its price objective upped by Barrington Research from $190.00 to $207.00 in a research note issued to investors on Monday,Benzinga reports. Barrington Research currently has an outperform rating on the business services provider’s stock.

Several other research firms also recently weighed in on HURN. Benchmark lifted their price target on shares of Huron Consulting Group from $180.00 to $215.00 and gave the company a “buy” rating in a research note on Wednesday, December 24th. Truist Financial increased their price objective on shares of Huron Consulting Group from $180.00 to $240.00 and gave the stock a “buy” rating in a research report on Friday, November 14th. Wall Street Zen raised Huron Consulting Group from a “hold” rating to a “buy” rating in a research report on Saturday, November 1st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Huron Consulting Group in a research note on Wednesday, October 8th. Six investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of $206.75.

Huron Consulting Group Trading Up 0.7%

Shares of HURN stock opened at $179.20 on Monday. The company has a market cap of $3.09 billion, a P/E ratio of 30.02 and a beta of 0.11. Huron Consulting Group has a fifty-two week low of $120.25 and a fifty-two week high of $182.71. The stock has a 50 day simple moving average of $170.66 and a two-hundred day simple moving average of $150.48. The company has a debt-to-equity ratio of 1.18, a quick ratio of 1.44 and a current ratio of 1.44.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings data on Tuesday, October 28th. The business services provider reported $2.10 EPS for the quarter, topping the consensus estimate of $1.86 by $0.24. Huron Consulting Group had a net margin of 6.54% and a return on equity of 27.06%. The company had revenue of $441.28 million during the quarter, compared to the consensus estimate of $418.13 million. During the same quarter last year, the firm posted $1.68 EPS. The company’s quarterly revenue was up 16.7% on a year-over-year basis. Huron Consulting Group has set its FY 2025 guidance at 7.600-7.700 EPS. Research analysts forecast that Huron Consulting Group will post 6.1 earnings per share for the current year.

Insiders Place Their Bets

In related news, COO James Ronald Dail sold 7,824 shares of Huron Consulting Group stock in a transaction that occurred on Wednesday, October 29th. The stock was sold at an average price of $169.53, for a total transaction of $1,326,402.72. Following the transaction, the chief operating officer owned 31,184 shares of the company’s stock, valued at $5,286,623.52. The trade was a 20.06% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, Director Debra Zumwalt sold 170 shares of the company’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $170.89, for a total value of $29,051.30. Following the sale, the director owned 26,469 shares of the company’s stock, valued at $4,523,287.41. This trade represents a 0.64% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 22,049 shares of company stock worth $3,660,668 in the last 90 days. Company insiders own 2.15% of the company’s stock.

Institutional Trading of Huron Consulting Group

Several institutional investors have recently made changes to their positions in HURN. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in shares of Huron Consulting Group by 149.7% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 1,199,574 shares of the business services provider’s stock valued at $172,079,000 after purchasing an additional 719,199 shares in the last quarter. BloombergSen Inc. purchased a new position in shares of Huron Consulting Group in the 2nd quarter worth approximately $32,157,000. SG Capital Management LLC grew its holdings in shares of Huron Consulting Group by 131.8% in the third quarter. SG Capital Management LLC now owns 250,489 shares of the business services provider’s stock valued at $36,764,000 after acquiring an additional 142,448 shares in the last quarter. Franklin Resources Inc. increased its position in shares of Huron Consulting Group by 27.5% during the second quarter. Franklin Resources Inc. now owns 610,908 shares of the business services provider’s stock valued at $84,024,000 after acquiring an additional 131,620 shares during the last quarter. Finally, Boston Partners lifted its holdings in Huron Consulting Group by 17.0% during the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after acquiring an additional 129,073 shares during the period. Institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.